AAA336 No Money Down Deals, Do They Exist?-Ryan Wright

Jan 27, 2020

In this podcast, you'll learn:

  • How to do a no money deal in a hot market

  • Brrr Strategy - It is an idea to buy a property, renovate it, rent the property, refinance and then repeat.

  • Combine the Brrr strategy with refinancing to get all your money back. It is 100% refinancing Brrr deal

  • Alternative loans - the rates are higher, they typically do 25% equity 70% value once the property fixed up

  • How to utilize the Brrr strategy

  • Retain property and get the rents

  • The key of Brrr strategy is finding a good deal

  • Rate and term refinance- they pay off the loan and gives you a better terms and refinance from high to low interest rates

  • The best strategy is to finance the MOST upfront so its easier to get more money from the refinance

  • You don't just find creative deal, you have to CREATE them and FIGURE it out!

To connect with Ryan, visit Free eBook for Creative Real Estate Podcast Listeners! Click here

Sponsors: ThinkMultifamily SyndicationPro ( ) Code: Adam Adams. First month for free!

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